Global Battery Metals Grants Stock Options

(TheNewswire)

Vancouver, British Columbia – March24, 2026 - TheNewswire– Global Battery Metals Ltd. (the “Company” or “GBML”) (TSXV: GBML; OTCQB: REZZF;Frankfurt: REZ0), an international critical mineral explorationcompany focused on growth-oriented lithium, copper and battery metalprojects, announces that, effective March 20, 2026 (the “Grant Date”), it has granted stockoptions (“Options”) tocertain directors, officers, and consultants of theCompany to acquire an aggregate of 830,000 common shares of theCompany (“Common Shares”),pursuant to the Company’s stock option plan.

The Options vest as to 50% upon the Grant Date and the remaining 50%vest on March 20, 2027. Each Option is convertible into a Common Shareat an exercise price of $0.16 until March 20, 2031. In addition, theOptions (and any Common Shares issuable upon exercise thereof) aresubject to acceptance by the TSX Venture Exchange and a four-monthhold period from the Grant Date in accordance with the policies of theTSX Venture Exchange.

About Global Battery MetalsLtd.

GBML is an international mineral exploration and development companywith a focus on lithium, copper and other metals that comprise andsupport the rapid evolution to battery power. GBML currently maintainseconomic interests in two battery metal projects: (1) a 100% interestin the Lithium King Property in Utah; and (2) a 55% stake inPeru-based Lara Copper Property, which has over 10,000 metres ofdrilling. GBML’s common shares are listed on the Exchange (TSXV:GBML); Frankfurt Stock Exchange (FSE: REZ0); and are quoted on the OTCMarkets (OTCQB: REZZF).

Global Battery Metals Ltd.

Michael Murphy BA, MBA, MSc., ICD

President & CEO

T: 604-428-6128

E: MM@gbml.ca

W: www.gbml.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding“Forward-Looking” Information

This news release contains certain “forward-looking information”and “forward-looking statements” (collectively “forward-looking statements”)within the meaning of applicable securities legislation. Allstatements, other than statements of historical fact, included herein,without limitation, statements relating the future operations andactivities of the Company, are forward-looking statements.Forward-looking statements are frequently, but not always, identifiedby words such as “expects”, “anticipates”, “believes”,“intends”, “estimates”, “potential”, “possible”, andsimilar expressions, or statements that events, conditions, or results“will”, “may”, “could”, or “should” occur or beachieved. Forward-looking statements inthis news release relate to, among other things, theacceptance of the stock option grant bythe TSX Venture Exchange. There can be no assurancethat such statements will prove to be accurate, and actual results andfuture events could differ materially from those anticipated in suchstatements. Forward-looking statements reflect the beliefs, opinions,and projections on the date the statements are made and are based upona number of assumptions and estimates that, while consideredreasonable by the Company, are inherently subject to significantbusiness, economic, competitive, political and social uncertaintiesand contingencies. Many factors, bothknown and unknown, could cause actual results, performance, orachievements to be materially different from the results, performanceor achievements that are or may be expressed or implied by suchforward-looking statements and the parties have made assumptions andestimates based on or related to many of these factors. Such factorsinclude, without limitation, the ability of theCompany to obtain acceptance of the stock options by the TSX VentureExchange. Readers should not place undue reliance on theforward-looking statements and information contained in this newsrelease concerning these items. Readers are urged to refer to theCompany's reports, publicly available under the Company’sprofile on SEDAR+ at www.sedarplus.ca for a more completediscussion of such risk factors and their potential effects. TheCompany does not assume any obligation to update the forward-lookingstatements should beliefs, opinions, projections, or other factors,change, except as required by applicable securities laws.

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